PPP Loan information for Electric motor wholesale inc

$176,900

Electric motor wholesale inc was initially approved for PPP Loan of amount $176,900, the current approved amount is $176,900. The loan was approved on 04/08/2020 by The Wilmington Savings Fund Society, FSB reported 18 jobs and $176,900 was used to fund payroll.

Electric motor wholesale inc is Existing or more than 2 years old

PPP Loan Search / DE / CAMDEN WYOMING / Electric motor wholesale inc

ELECTRIC MOTOR WHOLESALE INC

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR WHOLESALE INC

Borrower Address

2575 MORGANS CHOICE RD

Borrower City

CAMDEN WYOMING

Borrower State

DE

Borrower Zip

19934-3655

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176900.00

Current Approval Amount

176900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMDEN WYOMING

Project County Name

KENT

Project State

DE

Project Zip

19934-3655

CD

DE-

Jobs Reported

18

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

176900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178504.22

Forgiveness Date

03/29/2021

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